The NZDUSD pair approached from retesting 0.7049 level and keeps its stability above it, to keep the bullish trend scenario active for today, which depends on holding above the mentioned level, waiting to target 0.7215 level as a next main station.
Stochastic negativity interprets the reasons of the current bearish bias, noting that breaching 0.7215 will push the price to head towards 0.7484 on the near term basis.
Expected trading range for today is between 0.7000 support and 0.7215
Expected trend for today: Bullish